Sunday 21 January 2018

Bernie Madoff: ‘I’m treated like a Mafia don in prison. They call me Uncle Bernie.’

Bernard Madoff. Photo: Getty Images
Bernard Madoff. Photo: Getty Images reporters

PONZI scheme scam merchant Bernie Madoff boasted to his family that he is treated like a Mafia Don in prison and has the respect of other prisoners.

The former stockbroker who defrauded thousands of investors of billions of dollars, wrote to his family: "I am quite the celebrity, and am treated like a Mafia don. They call me either Uncle Bernie or Mr. Madoff. I can't walk anywhere without someone shouting their greetings and encouragement, to keep my spirit up.

Sentenced to 150 years in 2009, Madoff is doing his time in North Carolina’s Butner Prison, considered a "crown jewel" of the US prison system and known for its laid back atmosphere. Madoff described the prison in his letters as having a ‘campus-like feel’. "It's really quite sweet, how concerned everyone is about my well being, including the staff...It's much safer here than walking the streets of New York."

A new book by Madoff’s daughter-in-law Stephaine Madoff Mack lifts the lid on life inside for Madoff, and her life with the notorious family. Her husband Mark, Madoff’s eldest son, committed suicide last year.

"My husband was in terrible, terrible pain," said Mack. "He was so deeply hurt that he just couldn't move past it."

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